Patent citations are extensively used as a measure of patent quality. However, counting citations does not account for the fact that citations come from patents of different qualities, and that citations are of variable qualities. We develop a citation index which takes into account the...

Recent legalizations of cannabis at the state level in the United States have given rise to renewed interest in the price elasticity of demand for cannabis and implications for likely state excise and sales tax revenues. We use crowdsourced data on prices, qualities, and consumption of cannabis...